Visaka Industries To Set Up New Unit In Tamil Nadu
Visaka Industries Limited, with a view to cater the south Indian markets more efficiently as well as to retain its position as the largest production capacity company in Fibre Cement Boards, is undertaking the expansion of its V-Boards division by setting up a new unit in the state of Tamil Nadu. details of which are disclosed hereunder.
| a | Existing capacity | 1 70,000 MTs |
| b | Existing capacity utilization | 80% |
| c | Proposed capacity addition | 50,000 MTs |
| d | Period within which the proposed capacity is to be added | Fifteen Months |
| e | Investment required | 10,000 Lacs |
| f | Mode of financing | Internal Accruals |
| g | Rationale: to cater the of southern markets of India more efficiently |
